Banking News

Big Rules To Change As New Year Begins Banking Mobile And Daily Expenses Will Hit Your Pocket

The year 2026 will not just change the calendar. Several new rules will impact banking habits, digital payments, loans and everyday expenses, directly affecting how much money you spend and save....

Legacy of Trust: India’s 5 Oldest Banks Still Thriving After 77 Years

Banks are the backbone of economies. Here is a list of 5 banks in India functional since the British era. ...

New era is here! Sanjay Malhotra appointed as new RBI governor amid economic challenges

New Delhi: The transition in leadership at the RBI is closely watched by economists and market participants alike. Malhotra's approach towards interest rates, inflation management, and banking regulations will be pivotal in shaping India's economic trajectory in the coming years....

From Union Budget to Income tax rules… Major financial changes July will witness

It is important to note that changes reflect ongoing adjustments in financial regulations aimed at enhancing compliance and efficiency in financial transactions. The month will witness the Union Budget by Finance Minister Nirmala Sitharaman and other key changes in the credit car...

No leniency for loan defaulters, assets worth Rs 64,920 crore attached: FM Sitharaman rebuts opposition claims

FM said that as per the instructions of the RBI, after the write-off, banks actively engaged in the recovery of bad loans. No loan of an industrialist has been waived off by the banks. Current data reflects that banks have recovered Rs 10 lakh from bad loans and are in the proces...